MAITHAN ALLOYS LTD.

Maithan Alloys Ltd has announced that its 41st Annual General Meeting (AGM) will be held on Monday, September 28, 2026. The Board of Directors has fixed Monday, September 21, 2026, as the record date to determine shareholder eligibility for the final dividend. The company had previously recommended a final dividend of ₹6 per equity share (60%) for the financial year 2025-2026. If approved at the AGM, the dividend will be paid on or after October 7, 2026, subject to tax deductions.

Maithan Alloys Ltd announced a significant change in its management structure following a Board of Directors meeting held on August 13, 2026. The company approved the re-appointment of Mr. Naresh Kumar Jain, Mrs. Sonal Choubey, and Mr. Aayush Khetawat as Independent Directors for second terms of five years each, commencing February 10, 2027, and August 14, 2027, respectively. Additionally, Mr. Chandra Prakash Kakarania and Dr. Ridhi Agarwala have been appointed as Additional Directors (Non-Executive) and Independent Directors for a term of five years, effective August 13, 2026. All appointments are subject to shareholder approval and comply with SEBI regulations.

Maithan Alloys Ltd announced a change in the designations of two key executive directors, effective October 1, 2026. Mr. Subhas Chandra Agarwalla, previously Chairman and Managing Director, will now be the Executive Chairman. Mr. Subodh Agarwalla, formerly Whole-time Director and Chief Executive Officer, will assume the role of Managing Director & Chief Executive Officer. The terms of their remuneration remain unchanged. These changes are subject to shareholder approval and are in compliance with SEBI Listing Regulations.

Maithan Alloys Ltd has announced that its Board of Directors will convene on August 13, 2026, at 12:30 PM IST. The primary agenda for this meeting is to consider, approve, and take on record the standalone and consolidated un-audited financial results for the first quarter ended June 30, 2026. Additionally, the company has informed that the trading window for dealing in its securities, which closed on July 1, 2026, will remain shut until 48 hours after the declaration of these financial results.

Maithan Alloys Ltd has acquired a 0.29% stake in Sterlite Technologies Limited, comprising 1,483,256 shares, for a total consideration of ₹91.24 Crore. The acquisition, completed on August 4th, 2026, was made through the stock exchange as a strategic investment to achieve long-term/short-term benefits. Maithan Alloys does not intend to acquire control of Sterlite Technologies' management. Sterlite Technologies operates in the Telecom Equipment & Accessories industry, with a turnover of ₹2446 Crore and PAT of ₹2 Crore as of March 31, 2026. The transaction was conducted at arm's length.

Maithan Alloys Ltd's Board of Directors has approved alterations to the company's Memorandum of Association (MOA). The key changes include adding a new sub-clause to the main objects allowing the company to manage, deploy, and invest internal accruals and own funds in various capital and money market instruments for treasury management or capital appreciation. This is subject to shareholder approval and ensures the company remains outside NBFC regulatory thresholds. Additionally, ancillary objects related to amalgamation, merger, demerger, and slump sale of business undertakings have been revised. The Board meeting was held on August 4th, 2026.

Maithan Alloys Ltd announced on August 4, 2026, that its Board of Directors has approved revised Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. These revisions are a consequence of the Scheme of Merger by Absorption between Impex Metal & Ferro Alloys Limited and Maithan Alloys, which became effective on June 30, 2026. The company also confirmed that the previously recommended final dividend of ₹6 per equity share for FY 2025-2026 remains unchanged, subject to shareholder approval.

Maithan Alloys Ltd has announced a Board of Directors meeting scheduled for August 4, 2026, to consider and approve revised standalone and consolidated financial statements and results for the financial year ended March 31, 2026. These revisions are necessitated by the sanction of a 'Scheme of Merger by Absorption' between its wholly-owned subsidiary, Impex Metal & Ferro Alloys Limited, and Maithan Alloys Ltd, ordered by the National Company Law Tribunal, Kolkata Bench. The trading window for securities remains closed until 48 hours after the declaration of the June 30, 2026 quarter's financial results.

Maithan Alloys Limited has announced the completion of its amalgamation/merger with its wholly-owned subsidiary, Impex Metal & Ferro Alloys Limited. The National Company Law Tribunal (NCLT), Kolkata Bench, sanctioned the scheme via an order dated June 8, 2026. The scheme became operative from March 31, 2024 (Appointed Date) and effective from June 30, 2025 (Effective Date) upon filing with the Registrar of Companies. Consequently, all assets and liabilities of Impex Metal & Ferro Alloys Limited have been transferred to and vested in Maithan Alloys Limited. Impex Metal & Ferro Alloys Limited stands dissolved effective June 30, 2026. No shares were allotted as Impex was a wholly-owned subsidiary.

Maithan Alloys Ltd has announced the closure of its trading window effective July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut until 48 hours after the Board of Directors approves the financial results for the quarter ending June 30, 2026. The specific date for the Board Meeting to consider these results will be communicated later. This measure is standard practice to prevent insider trading during the period leading up to financial result announcements.